Greenwood Gearhart Inc buys $6,636,824 stake in United Technologies Corporation (UTX)

United Technologies Corporation (UTX) : Greenwood Gearhart Inc scooped up 1,307 additional shares in United Technologies Corporation during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 15, 2016. The investment management firm now holds a total of 60,961 shares of United Technologies Corporation which is valued at $6,636,824.United Technologies Corporation makes up approximately 2.68% of Greenwood Gearhart Inc’s portfolio.

Other Hedge Funds, Including , Schwab Charles Investment Management Inc boosted its stake in UTX in the latest quarter, The investment management firm added 71,828 additional shares and now holds a total of 2,315,299 shares of United Technologies Corporation which is valued at $252,066,602. United Technologies Corporation makes up approx 0.30% of Schwab Charles Investment Management Inc’s portfolio.Pillar Pacific Capital Management boosted its stake in UTX in the latest quarter, The investment management firm added 1,524 additional shares and now holds a total of 46,948 shares of United Technologies Corporation which is valued at $4,990,103. United Technologies Corporation makes up approx 0.80% of Pillar Pacific Capital Management’s portfolio.Duncker Streett Co Inc boosted its stake in UTX in the latest quarter, The investment management firm added 572 additional shares and now holds a total of 16,248 shares of United Technologies Corporation which is valued at $1,708,152. United Technologies Corporation makes up approx 0.59% of Duncker Streett Co Inc’s portfolio.Wendell David Associates Inc reduced its stake in UTX by selling 7,400 shares or 9.95% in the most recent quarter. The Hedge Fund company now holds 66,992 shares of UTX which is valued at $7,103,832. United Technologies Corporation makes up approx 1.36% of Wendell David Associates Inc’s portfolio.Leavell Investment Management boosted its stake in UTX in the latest quarter, The investment management firm added 360 additional shares and now holds a total of 35,275 shares of United Technologies Corporation which is valued at $3,740,561. United Technologies Corporation makes up approx 0.54% of Leavell Investment Management’s portfolio.

United Technologies Corporation opened for trading at $106.74 and hit $106.965 on the upside on Thursday, eventually ending the session at $106.72, with a gain of 0.27% or 0.29 points. The heightened volatility saw the trading volume jump to 32,31,547 shares. Company has a market cap of $89,317 M.

On the company’s financial health, United Technologies Corporation reported $1.82 EPS for the quarter, beating the analyst consensus estimate by $ 0.14 according to the earnings call on Jul 26, 2016. Analyst had a consensus of $1.68. The company had revenue of $14874.00 million for the quarter, compared to analysts expectations of $14692.67 million. The company’s revenue was up 1.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.81 EPS.

United Technologies Corporation (UTC) provides high technology products and services to the building systems and aerospace industries across the world. The Company operates through five segments: Otis; UTC Climate Controls & Security; Pratt & Whitney; UTC Aerospace Systems and Sikorsky. Otis designs manufactures sells and installs a range of passenger and freight elevators for low- medium- and high-speed applications as well as a line of escalators and moving walkways. UTC Climate Controls & Security is a provider of heating ventilating air conditioning (HVAC) and refrigeration solutions. Pratt & Whitney segment supplies aircraft engines for the commercial military business jet and general aviation markets. UTC Aerospace Systems is a global provider of technologically advanced aerospace products and aftermarket service solutions. Its Sikorsky segment manufactures military and commercial helicopters and also provides aftermarket helicopter and aircraft parts and services.

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